Crypto Exchange Binance Controlled 92% of Bitcoin Spot Trading Volume at End of 2022: Arcane Research

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Crypto Exchange Binance Controlled 92% of Bitcoin Spot Trading Volume at End of 2022: Arcane Research

Chatter about the solvency of Binance increased significantly after the collapse of FTX, and the exchange did suffer some outflows for a short period, though things have stabilized since. A market share this high could become problematic for the industry if Binance were to encounter any issues, whether regulatory or mistrust from users. www.coindesk.com

Chatter about the solvency of Binance increased significantly after the collapse of FTX, and the exchange did suffer some outflows for a short period, though things have stabilized since. A market share this high could become problematic for the industry if Binance were to encounter any issues, whether regulatory or mistrust from users.

www.coindesk.com